Tesla Motors is considering building a plant in Europe

Head of the Tesla Motors company Elon Musk said that the Americans are planning to establish a European production of its electric vehicles and batteries for them. This statement was made a top manager at a press conference on the acquisition of German engineering company Grohmann Engineering, which specializes in developing automated assembly technology.

According to Elon Musk, the construction of the plant in Europe will only begin after the start of serial production of the new sedan Tesla Model 3, which will fall on the conveyor belt in the middle of 2017. Where exactly will build a new venture – it is still unknown. Note that now with Tesla Motors jointly by Panasonic is building the first enterprise in Nevada Gigafactory. The plant, a total area of 930 thousand square meters, will cost the company $ 5 billion. By the end of 2017 production site will be ready by about 31%, but the company believes that within three years there will work about 10 thousand employees, and the production capacity will increase the amount of annually produced electric cars Tesla from 50 000 to 500 000 vehicles. As for the American company acquired Grohmann Engineering, is in the hands of Tesla Motors is now 74.9% of the shares of the German company. It is expected that the company will develop and manufacture the equipment required for the assembly plants of the American brand.